| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 730,058,449 | 688,527,042 | 6.031 | 715,112,301 | 2.09 |
| Gross Profit (Loss) | 346,013,712 | 324,022,859 | 6.786 | 326,588,983 | 5.947 |
| Operational Profit (Loss) | 182,083,158 | 164,375,553 | 10.772 | 203,614,307 | -10.574 |
| Net profit (Loss) | 167,442,561 | 139,413,626 | 20.104 | 174,924,439 | -4.277 |
| Total Comprehensive Income | 169,711,204 | 143,205,116 | 18.509 | 174,796,305 | -2.909 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 2,278,898,920 | 2,340,660,188 | -2.638 |
| Gross Profit (Loss) | 1,045,200,698 | 1,011,947,720 | 3.286 |
| Operational Profit (Loss) | 574,998,580 | 496,648,352 | 15.775 |
| Net profit (Loss) | 514,238,096 | 457,902,329 | 12.303 |
| Total Comprehensive Income | 521,230,635 | 460,801,778 | 13.113 |
| Total Shareholders Equity (after Deducting Minority Equity) | 2,805,036,713 | 2,388,704,390 | 17.429 |
| Profit (Loss) per Share | 6.43 | 5.72 | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | – | – | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenue increase in general due to:
Increase in revenue in the following segments: While noting that there is decrease in revenue in Specialty Chemical segment. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit Increases in general due to: 1. Increase in Gross Profit in Steel segment. 2. Decrease in financial costs mainly in Specialty Chemical segment. 3. Decrease in expense for impairment of financial assets mainly in the Steel segment. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue increase in general due to:
Increase in revenue in the following segments: While noting that there is decrease in revenue in Specialty Chemical segment. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit Decreases in general due to: 1. Lower general and administration expenses in the previous quarter in Steel segment. 2. Increase in zakat and income tax expenses in Specialty chemical segment. While noting that there is increase in Gross Profit in Pharmaceuticals segment. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Revenue decreases in general due to:
Decrease in revenue in the following segments: |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit Increases in general due to: 1. Decrease in general and administrative expenses in the Steel segment. 2. Decrease in financial costs mainly in Specialty Chemical segment. 3. Increase in Gross Profit in the following segments: a) Steel b) Pharmaceuticals While noting that there is Gain from discontinued operation in similar period last year. |
| Statement of the type of external auditor’s report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | NA |
| Reclassification of Comparison Items | Certain comparative figures for the previous period have been reclassified to be consistent with the presentation of the current period. |
| Additional Information | Net Shareholders’ Equity at the end of the period was SR 2,826,326,481/- compared to SR 2,395,855,591/- at the end of the similar period last year with an increase of 18%. |
